RESOLVED:

1.    That the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £1.4million, 0.3% of the gross budget be noted.

2.    That the adjustments to the Capital Programme contained in Appendix 5b be approved.

3.    That the following adjustments to the Capital Programme be approved:

The Chair advised that Items 7 and 8 would be considered together, however for the purposes of the minutes, the decisions are recorded separately.

The Cabinet Member for Finance presented the reports, which set out the financial monitoring data for periods 3 and 4 relating to income and expenditure, an update on the Capital Programme and progress on delivery of the 2017/18 revenue savings.  It was noted that both reports had also been considered by the Financial Monitoring Task Group.

RESOLVED:

1.    That the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £1.4million, 0.3% of the gross budget be noted.

2.    That the adjustments to the Capital Programme contained in Appendix 5b be approved.

3.    That the following adjustments to the Capital Programme be approved: